This lecture is part of a special series on Contemporary China hosted by Shorenstein APARC's Walter H. Shorenstein Forum.
Philippines Conference Room
This lecture is part of a special series on Contemporary China hosted by Shorenstein APARC's Walter H. Shorenstein Forum.
Philippines Conference Room, Third Floor, Encina Hall, Central Wing
The recent growth in offshoring business processes is driven by the need for cost savings, but, because of the potential for both the quantity and quality of work that may be done overseas, has larger implications for the service economy in developed countries. This paper uses India as a case study to examine the business, knowledge-related, and technological considerations that drive the globalization of business process fulfillment. It also examines the industrial structure that is emerging in India for the work and draws conclusions about its future and its implications for service workers in developed countries.
As Secretary of the Technology, Trade, and Commerce Agency, Lon Hatamiya advises the governor and the legislature on all matters related to international business, serving as the voice of California's private sector in the State Cabinet. Appointed by Governor Gray Davis in 1999 and confirmed unanimously by the State Senate, Secretary Hatamiya is the first Asian-American to hold a cabinet-level position in California history. As the state's primary promoter of economic development, he directs numerous programs stimulating economic activity for international trade and investment, and under his leadership the Agency added the Division of Science, Technology, and Innovation, focusing on R&D and the commercialization of new technologies. Prior to his appointment as secretary, Mr. Hatamiya served as administrator for the Foreign Agricultural Service in the United States Department of Agriculture (USDA). He holds a degree in economics from Harvard University, and JD and MBA degrees from the University of California, Los Angeles.
The Oksenberg Room, Third Floor, Encina Hall, South Wing
Okimoto Conference Room, Third Floor, Encina Hall, East Wing
(Excerpt) China is becoming the workplace of the world, so we are increasingly told. Jeffrey Garten, dean of the Yale School of Management, writes, "Will China's importance to global manufacturing soon resemble Saudi Arabia's position in world oil markets?" And the world economy might "soon become dangerously vulnerable to a major supply disruption [in China] caused by war, terrorism, social unrest, or a natural disaster" (Business Week, June 17, 2002).
Its growth in manufacturing is impressive. Manufactured goods exports rose during the 1990s at a 15 percent annual rate to about $220 billion in 2000. On one estimate, China now makes 50 percent of the world's telephones, 17 percent of refrigerators, 41 percent of video monitors, 23 percent of washing machines, 30 percent of air conditioners, and 30 percent of color TVs. Many companies in the United States, Japan, Taiwan and elsewhere are moving operations there. Jobs are shrinking in Mexico's factories as work shifts to China. The building space of foreign contract manufacturers grew from 1.6 million square feet in June 1999 to 5 million square feet two years later.
The causes are China's opening to the world; its abundant supply of cheap, competent labor (with wage rates 5 percent of those in the United States or Japan and one-third of Mexico's--and no trade unions); a high savings/capital formation rate; and an influx of direct investment that brings technology with it. Moreover, there are still around 300 million workers in low-income, primary producing sectors, largely agricultural, that is a reserve pool of labor for industry. ...
This talk will discuss Wipro's growth to become one of India's top three software service providers and its readiness for the future. To achieve its current position, a key strategy was to develop human capital by providing an entrepreneurial working environment and undertaking a higher level of complexity of work than available with competitors, supplemented by an internal degree program. How will this strategy help the firm in the emerging environment characterized by a slowdown in traditional businesses, strategic shifts towards high-end work and the growth of untraditional, IT-linked businesses (such as business process outsourcing)?
Daniel and Nancy Okimoto Conference Room
Nearly 200 died in the bombing of Paddy's Irish Bar and the Sari Club in Kuta, Bali, Indonesia, on 12 October -- the worst toll from terror anywhere since 11 September 2001. In the Philippines, terrorists have struck five times in the last month alone. Also in September, suspected terrorist Omar al-Faruq apparently told his CIA interrogators that US $74,000 had been transferred from the Middle East to Southeast Asia to fund a planned attack on U.S. Navy ships docked in Indonesia. Cutting off terrorist financing has been and remains a priority in the American war on terror. What exactly is the nature of the problem of terrorist financing in Southeast Asia? How should the United States, other governments, and international agencies respond to this challenge? What strategies and tactics are most and least likely to succeed? What are the obstacles to that success, and how can these too be addressed? What has been and will be the role of the U.S. Pacific Command in seeking and implementing the answers to these questions? Leif Rosenberger has been the economic adviser to the commander of American forces in the Pacific since 1998. As chair of the Pacific Command's Economics and Security Working Group, he works at the intersection of economic and security issues related to the war on terrorism in the Asia Pacific region. Prior to coming to Camp Smith, where the Command is headquartered, Dr. Rosenberger was a professor of economics at the U.S. Army War College, where he held the General Douglas MacArthur Academic Chair of Research.
Okimoto Conference Room, Encina Hall, Third Floor, East Wing
This presentation analyzes the factors influencing South Asian entrepreneurial expansion in the UK and the validity of conventional wisdom, which attributes South Asian business success to cultural factors. It suggests that entrepreneurial growth depends on human capital factors like education and prior experience, the investment of personal savings at start-up and breaking away from a management strategy bound by immigrant culture. At the same time, strengthening links with one's country of origin has a positive impact on growth. The findings have implications for aspiring entrepreneurs and for policy makers and agencies that aim to encourage the growth of South Asian and more generally, immigrant ethnic minority entrepreneurship. Dr. Basu has a background in economics, international finance and management. She holds a doctorate in economics from the University of Cambridge. Dr. Basu's research interests include migration and ethnic entrepreneurship, small firm growth, decision-making and economic adjustment of enterprises. Her current research interests focus on immigrant entrepreneurship and the role of the family in immigrant business development. She has published papers in several leading international refereed journals.
Philippines Conference Room, Encina Hall, Third Floor, Central Wing
Japanese pop culture has gained a global following in recent years, with recognition that now extends far beyond the stereotypes of oriental exotica. With the reach of pop culture comes tremendous economic potential. Nakamura, whose varied experiences in rock, art, and multimedia have been applied to policymaking and education, gives a preview of a new research project he is coordinating on the impact of pop culture on politics, society, and the economy. Japan's economic troubles have taken center stage during the last decade. But has Japan's "lost decade" really been a "glorious decade"?
Okimoto Conference Room, Third Floor, Encina Hall, East Wing
